Another Friday, and so the usual weekly fuel price update beckons. As it was last week, RON 97 users are set to pay more for the fuel in the coming week.
From tomorrow, July 6, RON 97 will retail at RM2.53 per litre (up four sen from the RM2.49 last week). There is of course no change to the price of RON 95 petrol, which is set at RM2.08 per litre, the maximum price consumers pay no matter how high market prices push pump prices.
It’s the same for Euro 2M diesel, which continues to be sold at RM2.18 per litre, and Euro 5 diesel – always 10 sen more than Euro 2M diesel – remains priced at RM2.28 per litre. The finance ministry said based on Automatic Price Mechanism (APM) calculations, RON 95 petrol would cost RM2.23 per litre while diesel would be priced at RM2.32 per litre without the price cap in place.
These prices will remain in effect until July 12, when the next set of fuel pricing adjustments will be announced. This is the 26th edition of the weekly fuel pricing format, which is announced every Friday. The weekly prices are in effect from Saturday until the following Friday.
Related Cars for Sale on 
Source: Read Full Article